Freightos Reports Fourth Quarter and Full Year 2025 Results
Freightos Limited (NASDAQ: CRGO), the premier vendor-neutral platform for digital freight booking and payment solutions, has recently disclosed its financial results for the fourth quarter and entire year ending December 31, 2025. The company noted impressive revenue growth, with a reported increase of 12% year-over-year in the last quarter and a substantial 24% growth for the full year compared to the previous year.
Freightos reported a revenue of $7.4 million for Q4 2025, while the total revenue reached $29.5 million for the entire year. Despite facing foreign exchange pressures affecting its Adjusted EBITDA, the firm maintained a solid cash position of $28 million, keeping it on track to achieve breakeven by the close of 2026.
CFO and Interim CEO Pablo Pinillos expressed satisfaction with the quarterly results, indicating that Freightos has consistently met or surpassed its guidance during its three years as a public entity. The year ahead is marked as a transitional phase for the firm, focusing on the adoption of its solutions integrated into customer workflows, leading to increased platform bookings and enhanced network effects.
Financial Highlights
Fourth Quarter Results
- - Revenue: $7.4 million, up from $6.6 million in Q4 2024.
- - Gross Margin: 64.1% under IFRS. Non-IFRS gross margin was slightly better at 72.7%.
- - Loss: The firm experienced a loss of $3.8 million for the quarter, significantly down from a $9.8 million loss in Q4 2024, which included a one-time non-cash impairment of goodwill.
- - Adjusted EBITDA: Reported at negative $2.7 million, a slight improvement from negative $3.1 million in the same quarter last year.
Full Year Results
- - Total Revenue: $29.5 million, an increase of 24% from the previous year's $23.8 million.
- - Gross Margins: Improved to 66.8% from 65.2% in 2024. The non-IFRS margin also saw a rise to 73.7% from 72.4%.
- - Cumulative Loss: The total loss for the year was narrowed to $17.5 million from $22.5 million in 2024.
- - Cash Position: The company's liquidity at the end of 2025 stood at $27.9 million.
Business Growth Metrics
Freightos has seen robust growth in various metrics essential for its success:
- - Transaction Volume: In Q4 alone, the platform recorded 445,000 transactions, marking a 27% increase year-over-year. Overall, transactions reached 1.6 million for the year.
- - Carrier Participation: The number of carriers using the Freightos platform grew to 77 in Q4 2025, representing a significant uptick from 67 in the same period a year prior.
- - Unique Buyer Users: The platform welcomed 20,700 unique buyer users for digital bookings in Q4 2025, illustrating the platform's growing user base.
- - Gross Booking Value (GBV): The total transaction value on the platform soared to $357 million for Q4 2025, a significant rise of 27%. The full-year total GBV reached $1.29 billion, indicating a 44% increase year-over-year.
Looking Ahead
As Freightos heads into 2026, management anticipates a continued emphasis on expanding its solution adoption while navigating the complexities of the current global trade environment. With an eye on executing its mission to digitalize the freight industry, the company aims to enhance its service offerings tailored to the evolving demands of global trade. The firm’s upcoming webcast, set for February 23, 2026, is expected to provide further insights into its strategic direction and upcoming initiatives.
In conclusion, Freightos Limited is navigating the challenges of the international freight market adeptly, positioning itself for sustained growth and operational success as it embarks on its path for the future.